Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Sets New 1-Year High – Here’s What Happened

Vanguard Mega Cap Growth ETF (NYSEARCA:MGKGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $342.03 and last traded at $341.79, with a volume of 182088 shares. The stock had previously closed at $340.56.

Vanguard Mega Cap Growth ETF Stock Performance

The company has a market cap of $22.42 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company’s 50 day moving average price is $323.28 and its 200-day moving average price is $311.11.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

Institutional investors have recently modified their holdings of the stock. Gateway Wealth Partners LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares during the last quarter. CGN Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 5.4% in the 2nd quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after acquiring an additional 41 shares during the period. Csenge Advisory Group raised its holdings in Vanguard Mega Cap Growth ETF by 0.9% in the 2nd quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock worth $1,437,000 after acquiring an additional 42 shares during the period. Strategic Blueprint LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after acquiring an additional 42 shares during the period. Finally, First Financial Bankshares Inc grew its position in shares of Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after purchasing an additional 44 shares during the last quarter.

About Vanguard Mega Cap Growth ETF

(Get Free Report)

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.

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